Wicomico County - Property Tax Credit - Salisbury Neighborhood Housing Services, Inc.
Approved by the Governor - Chapter 711
Summary
The bill lets the Wicomico County board or a municipal government in the county approve tax credits that reduce property taxes on land owned by Salisbury Neighborhood Housing Services, Inc. The credit applies only to properties slated for redevelopment and eventual sale, not to administrative or warehouse buildings. The agency must report its holdings and transactions each year.
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